What $395,000 Buys You in Illinois: Pike County Farmstead - Modern Farmer

What $395,000 Buys You in Illinois: Pike County Farmstead

This 55-acre farmstead even has a Civil War-era cemetery on the grounds.

The three-bedroom farmhouse dates to the 1930s.

Recent improvements to the 2,116-square-foot residence include a new furnace, roof, and HVAC system, as well as a detached 40′ by 100′ garage. Among the other outbuildings: two barns, a lean-to shed, and a storm cellar for storing root vegetables. There’s also a small Civil War”“era cemetery on the grounds.

[mf_h2 align=”left” transform=”uppercase”]The Provenance[/mf_h2]

After nearly 40 years here, the current owners are looking to downsize. They maintain 30-plus acres in timber and keep two horses on 10 acres of wire-fenced pasture – land that could easily be converted for crops. The couple also earns $2,500 annually by granting hunters access to the farm during deer and turkey season, from October 1 to January 15.

A wire fence encloses 10 acres of horse pasture.

A wire fence encloses 10 acres of horse pasture.

This barn, one of two on the property, contains horse stables.

This barn, one of two on the property, contains horse stables.

[mf_h2 align=”left” transform=”uppercase”] Caveat Emptor[/mf_h2]

Thirteen acres, planted with native grasses as part of the USDA’s Conservation Reserve Program, cannot be put into production until 2022. Meanwhile, though, the program pays for the privilege, to the tune of approximately $1,400 a year, more than enough to cover the property taxes.

Visit the official listing at White Tail Properties.

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